Scout24 AG (ETR:G24) received a €34.00 ($40.00) price objective from research analysts at J P Morgan Chase & Co in a research note issued to investors on Wednesday, August 2nd. The firm presently has a “neutral” rating on the stock.
Several other research firms also recently commented on G24. Kepler Capital Markets set a €38.50 ($45.29) target price on shares of Scout24 AG and gave the stock a “buy” rating in a report on Friday, June 23rd. UBS AG set a €33.30 ($39.18) target price on shares of Scout24 AG and gave the stock a “neutral” rating in a report on Tuesday, July 11th. Credit Suisse Group set a €36.70 ($43.18) price target on shares of Scout24 AG and gave the company a “buy” rating in a research note on Thursday, June 29th. Commerzbank Ag set a €39.00 ($45.88) price target on shares of Scout24 AG and gave the company a “buy” rating in a research note on Wednesday, June 21st. Finally, Warburg Research set a €36.00 ($42.35) target price on shares of Scout24 AG and gave the company a “neutral” rating in a research note on Monday, July 24th. Three analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. Scout24 AG has an average rating of “Buy” and a consensus target price of €36.77 ($43.26).
Shares of Scout24 AG (G24) opened at 33.912 on Wednesday. The stock has a market capitalization of €3.65 billion and a PE ratio of 39.896. The firm has a 50-day moving average of €32.68 and a 200 day moving average of €32.66. Scout24 AG has a 1-year low of €28.45 and a 1-year high of €34.99.
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About Scout24 AG
Scout24 AG, formerly Asa NewCo GmbH, is a Germany-based holding company engaged in the Internet services industry. Through its subsidiaries, the Company provides digital classified advertisement platforms in Germany and other European countries, notably Scout24.com, ImmobilienScout24.de and Autoscout24.com.
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